In This Article:
China Everbright Water (SGX:U9E) First Half 2024 Results
Key Financial Results
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Revenue: HK$3.35b (up 8.8% from 1H 2023).
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Net income: HK$581.1m (down 8.1% from 1H 2023).
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Profit margin: 17% (down from 21% in 1H 2023). The decrease in margin was driven by higher expenses.
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EPS: HK$0.20 (down from HK$0.22 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Everbright Water Earnings Insights
Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Water Utilities industry in Asia.
Performance of the market in Singapore.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
You should learn about the 2 warning signs we've spotted with China Everbright Water (including 1 which is a bit unpleasant).
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